DAX at 30,000 -- Unrealistic? Keep an eye on DroneShield, Volatus Aerospace, Airbus, and Hensoldt

DAX at 30,000 -- Unrealistic? Keep an eye on DroneShield, Volatus Aerospace, Airbus, and Hensoldt frames renewed investor focus on defense and security technology stocks as NATO increases spending commitments. It says NATO decided to permanently allocate at least 5% of GDP to defense and security-relevant infrastructure by 2035, which translates to additional defense spending of several hundred billion euros per year for European member states. The article attributes the demand shift to priorities such as air defense, electronic warfare, artificial intelligence, and countering unmanned aerial objects, areas highlighted by lessons from the war in Ukraine. It also describes Europe shaping a “drone wall” along NATO’s eastern border to protect critical infrastructure and airspace. In trading performance terms, Hensoldt gained 20% in two weeks, while Airbus recovered from EUR 165 in mid-May to EUR 211, near an all-time high of EUR 221. The piece links Airbus’s efforts in interceptor-drone prototypes like “Bird of Prey” and future “Loyal Wingman” companion systems to the same markets. It similarly links Hensoldt’s radar and electronic warfare contributions to European counter-UAS initiatives, though it ends by noting these could be early stages of longer investment cycles.